Regulators closed six banks in three states Friday, bringing this year’s total number of bank failures to 96.
All six failed institutions were included in TheStreet’s Bank Watch List of undercapitalized banks and thrifts, based on first-quarter regulatory data provided by SNL Financial.
The Federal Deposit Insurance Corp. was named receiver and found buyers for all of [...]
Posts Tagged ‘bank of america’
Six Banks Fail Friday
July 18th, 2010 by HardMoney Writer
Tags: bank of america, bankruptcy, banks, financial crisis, Financial Markets, global economic, money, US Economy, wall street
more...US Stocks Rise Slightly, Led By Financials, Energy; DJIA Up 19
July 7th, 2010 by HardMoney Writer
U.S. stocks rose slightly Wednesday as the financial sector rallied on a rosy forecast from State Street Corp. and an increase in crude lifted energy stocks, but the gains were small as disappointing manufacturing data out of Germany weighed.
The Dow Jones Industrial Average rose 19 points, or 0.2%, to 9763, in early trading. The measure’s [...]
Tags: bank of america, Dow Jones Industrial, economic growth, eurozone economy, financial sector, JPMorgan, money, stock market, us manufacturing, wall street
European Stocks Already Priced for Economic Slowdown, RBS Says
July 5th, 2010 by HardMoney Writer
Investors should buy European equities even as economic reports from the U.S. to China suggest global growth is faltering because stocks have already priced in a slowdown, strategists said.
“European stocks are a dirty word among investors,” Ian Richards, London-based strategist at Royal Bank of Scotland Group Plc, said at a presentation in London today. “Equity [...]
Tags: bank of america, debt crisis, economic growth, European stocks, global economic, private investors
Lehman Is On the boundary; AIG Scrambles to enjoy Itself
September 16th, 2009 by HardMoney Writer
Lehman at the brim; Merrill to copy Bought
Sunday brings two commoving events, both of which pop in intended to totter fence road to the awfully limelight when U.S. markets bring about on Monday: the near bankruptcy of Lehman Brothers also the sale of Merrill lynch. Unable to gem a buyer, Lehman appears headed over bankruptcy [...]
Tags: bank of america, bankruptcy, collateral, hard money lender, hard money news, lehman, obama
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